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Justin Sun, the Tron Creator, Says That Cryptocurrency May Gain from Traditional Practices.

Justin Sun believes Tron is one of the fastest-growing blockchain networks, with millions of users worldwide. The network aims to leverage blockchain technology for social media and entertainment content creators by rewarding their contributions with Tronix (TRX) digital tokens.

After he founded Tron in 2017, Justin Sun said he “met all these guys from Goldman Sachs and BlackRock wearing suits.” “I used to wear T-shirts, flip-flops, and jeans.” He said the new look helped him get meetings with venture capitalists who previously wouldn’t give him the time of day. He has since graduated to a three-piece suit.

Crypto is a very young industry; as such, it can learn from the mistakes of older industries. For example, in the traditional financial world, there are many regulations. This is good for the industry because it protects consumers and investors. The problem is that some of these regulations may be optional in crypto.

In crypto, companies are much more transparent about their intentions because they have no reason to lie or hide anything from their users since they do not need to gain trust. This means there is less need for heavy-handed regulations like those in the traditional financial world.

Many people like to buy cryptocurrency but need help understanding why they are doing it or using it. Most people need to learn how cryptocurrencies work or how to use them once they have purchased them!

Justin Sun: People need help seeing a clear and immediate use for cryptos. To get mass adoption, we need a real-world use case where cryptocurrencies can help ordinary people achieve something. In 2008, nobody knew how big this thing could get, but today we’re seeing many people question whether or not bitcoin is dead.

The crypto market has been bearish for quite some time now. Many people have been selling their crypto holdings to get back into fiat currency and avoid losing more money in this downtrend cycle. However, there are still plenty of people that are holding onto their cryptocurrency because they see the long-term value in it. Sun recently spoke at the Crypto Finance Conference in Singapore and was asked about his thoughts on the future of bitcoin and crypto as a whole.

Justin Sun said: “Crypto has already changed our world completely…it will change our lives completely…it will change our society completely…and it will change our financial system completely. I don’t want to predict too much about what happens next year or five years from now because I think we might be too conservative on this one.”